Venezuelan Software Defensive Blue Chips

Hana Financial Group

Market Cap: ₩34.0t

Through its subsidiaries, provides financial services in South Korea.

Heineken Holding

Market Cap: €20.1b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

CLP Holdings

Market Cap: HK$185.4b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

CIMB Group Holdings Berhad

Market Cap: RM 91.3b

Provides various banking products and services in Malaysia and internationally.

Bunge Global

Market Cap: US$23.5b

Operates as an agribusiness and food company worldwide.

First Citizens BancShares

Market Cap: US$23.5b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Coca-Cola HBC

Market Cap: UK£17.3b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

KeyCorp

Market Cap: US$23.4b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

MTN Group

Market Cap: R373.2b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Coca-Cola FEMSA. de

Market Cap: US$23.4b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Labcorp Holdings

Market Cap: US$23.3b

Provides laboratory services.

Yihai Kerry Arawana Holdings

Market Cap: CN¥159.1b

Engages in the agriculture and food processing businesses in China.

QBE Insurance Group

Market Cap: AU$32.6b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

JD Health International

Market Cap: HK$181.2b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

SBI Life Insurance

Market Cap: ₹2.1t

Operates as a private life insurance company in India.

Banco BPM

Market Cap: €19.4b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Quest Diagnostics

Market Cap: US$22.9b

Provides diagnostic testing and services in the United States and internationally.

Pernod Ricard

Market Cap: €19.1b

Produces and sells wines and spirits worldwide.

Loews

Market Cap: US$22.6b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

First Solar

Market Cap: US$22.5b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

OmniVision Integrated Circuits Group

Market Cap: CN¥152.8b

OmniVision Integrated Circuits Group, Inc.

AIB Group

Market Cap: €18.9b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

China United Network Communications

Market Cap: CN¥152.6b

Provides telecommunication services in the People’s Republic of China.

Credo Technology Group Holding

Market Cap: US$22.3b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Riyad Bank

Market Cap: ر.س83.0b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Tyson Foods

Market Cap: US$22.0b

Operates as a food company worldwide.

NN Group

Market Cap: €18.6b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Astera Labs

Market Cap: US$21.8b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp361.6t

Provides information and communications technology, and telecommunications network services worldwide.

CK Infrastructure Holdings

Market Cap: HK$168.8b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Banco de Chile

Market Cap: CL$18.7t

Operates as a commercial bank that provides banking services in Chile.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س80.9b

Provides private health and support services in the Kingdom of Saudi Arabia.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$110.4b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Humana

Market Cap: US$21.2b

Provides medical and specialty insurance products in the United States.

Federal Home Loan Mortgage

Market Cap: US$21.2b

Operates in the secondary mortgage market in the United States.

US Foods Holding

Market Cap: US$21.1b

US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.